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Luby's (Luby's) Total Assets : $207.03 Mil (As of Aug. 2021)


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What is Luby's Total Assets?

Luby's's Total Assets for the quarter that ended in Aug. 2021 was $207.03 Mil.

Total Assets is connected with ROA %. Luby's's annualized ROA % for the quarter that ended in Aug. 2021 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Luby's's Asset Turnover for the quarter that ended in Aug. 2021 was 0.00.


Luby's Total Assets Historical Data

The historical data trend for Luby's's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Luby's Total Assets Chart

Luby's Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.46 199.99 186.00 177.40 207.03

Luby's Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 177.40 235.60 232.00 217.99 207.03

Luby's Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Luby's's Total Assets for the fiscal year that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (A: Aug. 2021 )+Total Liabilities (A: Aug. 2021 )
=154.794+52.234
=207.03

Luby's's Total Assets for the quarter that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (Q: Aug. 2021 )+Total Liabilities (Q: Aug. 2021 )
=154.794+52.234
=207.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Luby's  (NYSE:LUB) Total Assets Explanation

Total Assets is connected with ROA %.

Luby's's annualized ROA % for the quarter that ended in Aug. 2021 is

ROA %=Net Income (Q: Aug. 2021 )/( (Total Assets (Q: May. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=0/( (217.994+207.028)/ 2 )
=0/212.511
=0.00 %

Note: The Net Income data used here is four times the quarterly (Aug. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Luby's's Asset Turnover for the quarter that ended in Aug. 2021 is

Asset Turnover
=Revenue (Q: Aug. 2021 )/( (Total Assets (Q: May. 2021 )+Total Assets (Q: Aug. 2021 ))/ count )
=0/( (217.994+207.028)/ 2 )
=0/212.511
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Luby's Total Assets Related Terms

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Luby's (Luby's) Business Description

Traded in Other Exchanges
N/A
Address
13111 Northwest Freeway, Suite 600, Houston, TX, USA, 77040
Luby's Inc is a multi-branded company that owns and operates restaurants in the United States. Its operating segments are Company-owned restaurants, which generate majority revenue; franchise operations; and Culinary Contract Services. The company-owned restaurant's segment consists of brands including Luby's Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names. It only offers franchises for the Fuddruckers brand. Franchises are sold in markets where expansion is deemed advantageous to the development of the Fuddruckers concept and system of restaurants. The CCS operation, branded as Luby's Culinary Contract Services, consists of a business line servicing healthcare and corporate dining clients.
Executives
Steven Goodweather officer: Chief Financial Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Philip Rider officer: Chief Acct Officer &Controller 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
John B Morlock director C/O POTBELLY CORPORATION, 111 NORTH CANAL, SUITE 850, CHICAGO IL 60606
Twila Day director 12344 WHITE OAK PT CONROE TX 77304
Benjamin T Coutee officer: Chief Operating Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Christopher James Pappas director, 10 percent owner, officer: President and Chief Executive
Harris J Pappas director, 10 percent owner, officer: Chief Operating Officer C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Gasper Iii Mir director
K Scott Gray officer: SVP & Chief Financial Officer 13111 NORTHWEST FREEWAY, SUITE 600 HOUSTON TX 77040
Frank Markantonis director P.O. BOX 33069 SAN ANTONIO TX 78265
Gerald W Bodzy director
Arthur R Emerson director
Judith B Craven director COMPAQ COMPUTER CORPORATION, PO BOX 692000, MC 110701, HOUSTON TX 77269-2000
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004